Mineral & Financial Inve... Share Discussion Threads

[u696061] 30/7/2017 12:18

AIM shares are very much news driven. I expect no difference with mafl. Once news is out investors will jump in sniffing a resource sale...hoping it's a multi-bagged from here.

[btfd] 29/7/2017 20:29

Well drilling is heading towards completion after next RNS should only be one or two more, we will soon see the real size of Lagoa Salgada.

[u696061] 28/7/2017 23:42

Resource increase followed by sale will be the driver in my opinion. Sale shouldn't take long, many companies already showing interest.

[harleymaxwell] 28/7/2017 18:18

Usual Friday rise , slightly better tempo!

[love it] 28/7/2017 16:12

Bought more. It's turned the corner well it looks like it has.

[btfd] 28/7/2017 15:58

Chunky buys! Going up methinks. News monday?

[u696061] 28/7/2017 15:27

Nice 200k buy

[u696061] 28/7/2017 12:00

Nice 100k buy not seen too many in the past two weeks. Hopefully more to come

[u696061] 28/7/2017 08:23

I'm hoping next set of drill results arrive next week

[u696061] 27/7/2017 18:27

I'm starting to believe more buyers will jump in. In 6 weeks we should get resource confirmed and then it's about the sale. By xmas I feel it will be concluded.

[btfd] 27/7/2017 17:09

Hard to say. Probably buy saying as price was moving up so fast, a sell of that size would have probably pinned us back. But who knows? ha.. Not complaining as we held up well!

[u696061] 27/7/2017 15:28

175000 share trade - buy or sell?

[btfd] 27/7/2017 13:27

Agree. 3.4m market cap is covered by 2.5m working capital, shares in FCR and GLEN easy make up the rest.Lagoa Salgada / 49% of THC / Cap Energy .. not priced in AT ALL.And I wonder what the £420k they passed in the AGM is for? I smell another investment on the way.

[u696061] 27/7/2017 13:23

Think their business strategy has found more supporters following agm. Everyone knows a sale of the asset is in the pipeline sooner than later, and that will be worth a much higher market cap than currently standing at.

[btfd] 27/7/2017 13:17

Looking lively here, buy the dips, this will have legs

[u696061] 27/7/2017 13:12

Good to hear a few companies wanted to buy their stake in lagoa, at an early stage, with low offers. A bigger resource valuation to come will mean better sale price. I intend to be there when that happens.

[u696061] 27/7/2017 07:30

Restricted to what news they can put out by TH Crestgate, that is likely to change on sale of resource.

[u696061] 27/7/2017 07:15

They have received approaches to buy out the resource, but Having a larger resource puts them in a better negotiating position. I expect LS1 results by mid-Sep. Following that the sale.

[btfd] 26/7/2017 22:41

Imo this is an effing great entry to a share that can bag twice over, minimum, in a year.

[btfd] 26/7/2017 21:13

You could be on the money there. Regular poster on LSE who was at AGM said already had some interest from outside parties on asset.He said.."I attended the AGM today and it was a very positive if brief meeting. All the resolutions were duly passed. After the AGM there was a short discussion about the company. You will understand for obvious reasons that little of great significance can be said on such occasions but, consistent with past announcements, one understands that the drilling results to date have so far exceeded expectations and that early approaches from prospective interested parties in the LS project have been received."

[u696061] 26/7/2017 20:10

My personal opinion MAFL aiming to increase resource to make it attractive to the big fish to buy out Lagoa Salgado in total. I can see mafl swapping their 49% for equity in the bigger company. That way they can also get dividends. Mafl already have shares in glencore, so you can see their investment strategy. Let's hope this happens sooner than later.

[btfd] 26/7/2017 13:55

looking promising, hopefully this is reversal day and we head back towards 15p + as drill results complete

[btfd] 26/7/2017 11:28

still in here, hoping for some better times over autumn. Really is a bargain, just need sentiment to turn.

[u696061] 25/7/2017 08:41

Hopefully a positive agm. I'm sure investors who attend will get some update

[harleymaxwell] 24/7/2017 22:17

All rather disappointing